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Property profile & analytics
OFF-MARKET
Estimated value
$6,085,000
Retail space
1701 Mcmullen Booth Rd Safety Harbor, FL 34695
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5300996
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
CONCRETE BLOCKS
Total area
14,466 SF
Lot
1.8 ac (78,473 SF)
APN
04-29-16-00000-340-0900
UPID
US18-5300996
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Nouveau Enterprises Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.71M
Blend (final)
Blend
$6.09M
Owner & transaction history
Dam Clw Mb LLC · 4 yrs held
Dam Clw Mb LLC
since 2022
Last sale
$7.4M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.0M
+182.5%
Restaurant
$8.2M
+156.7%
Auto repair, garage
$6.0M
+87.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Safety Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Safety Harbor submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,275,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,015,000
Change: +182% · Conversion: Easy
RESTAURANT
$8,195,000
Change: +157% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,990,000
Change: +88% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,015,000
Change: +26% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,655,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$6.09M
Range $5.48M – $6.69M · ±10% · vs last sale $7.36M (Jul 27 2022)
Last sale anchor
$7.36M
Jul 27 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$421 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$55,058
Tax year 2023
Assessed value
$3,175,000
Assessed 2023
Previous assessed
$2,880,000
+10.2% YoY
Effective rate
1.73%
On assessed value
Land market value
$882,247
Improvement market value
$2,292,753
Total market value
$3,175,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
3
Total area
14,466 SF
Lot
1.8 ac (78,473 SF)
APN
04-29-16-00000-340-0900
UPID
US18-5300996
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$9.0M
RESTAURANT
Est. value
$8.2M
AUTO REPAIR, GARAGE
Est. value
$6.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
3
Lot
1.8 ac
Current owner
From public records · entity-resolved
Dam Clw Mb LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2022
—
Dam Clw Mb LLC
—
Deed
related
$4,000,000 · First Savings Bank
Jul 27, 2022
$7,361,000
Dam Clw Mb LLC
Clearwater Fl Landlord LLC
Special Warranty Deed
—
Feb 11, 2022
$6,323,900
Ds Clearwater Fl Landlord LLC
Walgreen Co
Special Warranty Deed
—
Feb 11, 2022
—
Valcreen Co
Ds Clearwater Fl Landlord LLC
Lease
—
Jul 6, 2005
$4,000,000
Walgreen Co
Motiva Ents LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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